§ 231o. Private pensions

120 words·~1 min read·/usc/title-45/section-231o

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Nothing in this subchapter shall be taken as restricting or discouraging payment by employers to retired employees of pensions or gratuities in addition to the annuities paid to such employees under this subchapter, nor shall this subchapter be taken as terminating any trust heretofore created for the payment of such pensions or gratuities. The annuity, except a supplemental annuity under section 231a(b) of this title, of an individual shall not be reduced on account of any pension or gratuity paid by an employer to such individual.

(Aug. 29, 1935, ch. 812, § 16, as restated June 24, 1937, ch. 382, pt. I, 50 Stat. 307, as restated Pub. L. 93–445, title I, § 101, Oct. 16, 1974, 88 Stat. 1349.)

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Sec. 16
private pensions

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U.S. Code

Annuity eligibility requirements
§ 231a

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Aug. 29, 1935, ch. 812, § 16
June 24, 1937, ch. 382
50 Stat. 307
Pub. L. 93–445, title I, § 101
88 Stat. 1349

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§ 231o

Private pensions

Stat. Comp.×1

U.S.C.§ 231a

ActAug. 29, 1935, ch. 812, § 16

ActJune 24, 1937, ch. 382

Stat.50 Stat. 307

Pub. L.Pub. L. 93–445, title I, § 101

Stat.88 Stat. 1349

Cites 6Cited by 1 across 1 source